Alphabet Stories April 30
Alphabet yesterday reported disappointing Q1 2019 earnings that led to the stock falling in after-hours trading and an over 8% drop Tuesday morning. The company missed revenue by about a billion dollars as ad revenue growth slowed amid worries that advertisers are moving to Facebook and Amazon.
Alphabet Stories April 29
Alphabet this afternoon reported Q1 2019 net income of $6.6 billion on $36.33 billion in revenue. The stock is down over 7% in after-hours trading following a revenue miss. During the earnings call, Alphabet CFO Ruth Porat noted a similar decline for Pixel sales. Google also confirmed the May 7th hardware announcement for I/O 2019.
Alphabet today announced Q1 2019 earnings to start the new year with revenue of $36.33 billion. It notably takes into account the $1.7 billion fine levied by the European Commission over Google AdSense violations. These numbers range from January to March, and did not meet analysis expectations with the stock down over 4% in after-hours trading.
Alphabet Stories April 11
Alphabet Stories March 18
DeepMind — quite prominently — claims to be the “world leader in artificial intelligence research.” AlphaGo and AlphaStar certainly lend credence to that title, but the Alphabet division’s end goal is artificial general intelligence (AGI). If it ever achieves that landmark accomplishment, DeepMind — and not its parent company — will reportedly retain control.